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Nov 21, 2012
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he won a mandate not to be romney. he did not win a mandate not to raise taxes and fix the economy. >> john boehner says we can cap deductions, probably produce $400 billion coming up pretty fast. no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions now, you have destroyed the opportunity for tarx reform a year ago. they are not available to reduce tax rates. >> so you are opposed to it. it is bad for the economy and it destroyed our effort to get tax reform down the road. >> i have talked to staff and remembers and they don't need to hear it from me, they know that lower marginal tax rates are necessary for growth and the only way to get the revenue to pay down obama's debt. >> help me out, in effect, is the plan to put a cap on deductions, does his plan break the americans for tax
he won a mandate not to be romney. he did not win a mandate not to raise taxes and fix the economy. >> john boehner says we can cap deductions, probably produce $400 billion coming up pretty fast. no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions...
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Nov 9, 2012
11/12
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romney was not in favor of any more revenues and romney debunked that and said, look, we're in favor of revenues, and i think he was largely speaking for the republican party at that point. we're in favor of more revenues. the ryan budget, for example, had revenue assumptions in it. so i think what's got to happen is that both sides have to let the other team take a victory lap. let republicans come into this debate where we keep tax rates low and reasonable and predictable and drive toward tax reform next year. democrats can come into the debate and claim a victory and say, well, we're interested in more revenues. the key is, can we get to these underlying situations and that is entitlement reform. that's where the action is. >> okay. but how realistic is it to postpone or extend everything for a year? as i understand it, this was in the "wall street journal" editorial page this morning and i've heard this elsewhere, that mr. boehner would like to just extend the tax cuts and i don't know what you all are going to do about spending. nobody ever wants to cut spending. is that realist
romney was not in favor of any more revenues and romney debunked that and said, look, we're in favor of revenues, and i think he was largely speaking for the republican party at that point. we're in favor of more revenues. the ryan budget, for example, had revenue assumptions in it. so i think what's got to happen is that both sides have to let the other team take a victory lap. let republicans come into this debate where we keep tax rates low and reasonable and predictable and drive toward tax...
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Nov 13, 2012
11/12
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mitt romney wouldn't go near and it paid the price for it. >> i don't understand what mitt romney was doing because i don't think mitt romney was that conservative on these issues. i spoke to him on the immigration issue in january. i told him that he would immediate to reach out and seemed very open to ideas in this private conversation that we had. and then i saw the republican platform in tampa which was awful. it called for self deportation which is impractical and also immortal to uproot 10 million people and their families. we can't do that. and i think we immediate to outreach and the idea that i think some people have that this was a base election, the base was already energized. he didn't immediate to go to the far right on issues. he needed to talk about the jack kemp conservativeism and ronald reagan and larry kudlow conservatism of economic growth of prosperity of bringing people in. reagan that did the big apple nesty in 1988. >> exactly. '86. >> i stand correct. >> we didn't call it amnesty. everybody knew what it was. basically the idea was that, you know, would buy tim
mitt romney wouldn't go near and it paid the price for it. >> i don't understand what mitt romney was doing because i don't think mitt romney was that conservative on these issues. i spoke to him on the immigration issue in january. i told him that he would immediate to reach out and seemed very open to ideas in this private conversation that we had. and then i saw the republican platform in tampa which was awful. it called for self deportation which is impractical and also immortal to...
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Nov 29, 2012
11/12
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i'm pretty confused about why the romney campaign didn't hit the obama care tax argument harder on the campaign trail because the supreme court ruled it a tax for good reason. it had gone through the numbers here on your show. this hit small businesses and in return hits the middle class, the very people that these small businesses employ, the people who will get hid the hardest, even though making $200,000 per year are the ones employing the middle class that president obama keep propping up to get his agenda passed. >> now we have this $20 million medical device tax. this has been around. i believe you write this will really crush medical innovation in the united states. >> right. i think this is one of the more severe tax thaeds we're going to see. essentially with this medical device tax, they're tacking on more costs to life saving devices such as mechanical hearts. it does the same thing as a doctor shortage. the students that go into these programs, myio medical engineering, are not going to see a return on their investment because it's going to be a too expensive for companies
i'm pretty confused about why the romney campaign didn't hit the obama care tax argument harder on the campaign trail because the supreme court ruled it a tax for good reason. it had gone through the numbers here on your show. this hit small businesses and in return hits the middle class, the very people that these small businesses employ, the people who will get hid the hardest, even though making $200,000 per year are the ones employing the middle class that president obama keep propping up...
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Nov 15, 2012
11/12
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these little snapshot moments with unfortunately governor romney talking about self-deportation, the right snapshot moments were booted and hooted down by some of my republican friends, and i think we've got to totally get away from that, and you have the creds to do it. >> there's a lot of disagreement on this issue. my view is simple. we need to stop illegal immigration, and we need to welcome legal immigration. >> many thanks, texas senator-elect ted cruz, great to see you. >>> coming up tomorrow evening, i'm going to be joined by republican senator-elect jeff flake from arizona. he, by the way, is a fierce spending cutter. nobody in this country wants to cut spending, it seems to me. the u.s. is on the path to its fifth straight $1 trillion-plus deficit. that is incredible. former congressional budget office director douglas holtz-akin is up next to tell us how to avoid it. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our busi
these little snapshot moments with unfortunately governor romney talking about self-deportation, the right snapshot moments were booted and hooted down by some of my republican friends, and i think we've got to totally get away from that, and you have the creds to do it. >> there's a lot of disagreement on this issue. my view is simple. we need to stop illegal immigration, and we need to welcome legal immigration. >> many thanks, texas senator-elect ted cruz, great to see you....
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Nov 10, 2012
11/12
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election was with apologies to you, art, a big loser was supply side economics because that's what mitt romney ran on and it was soundly rejected and the tax structure was beneficial to the economy and the budget. >> let me ask you one question, do you think the president would go along without raising the tax rates on the four categories that larry mentioned? do you think he would agree to something that would not raise those rates? >> i think he's going to start where he should start which is what he ran on which is the expiration of the upper income cuts. where he ends up i'm not sure and that's the deal here. >> the other point that i want to raise here is you're not only talking about raising the capital gains tax rate and raising the dividend tax rate so the cost of investment goes up after the tax goes up and income taxes go up and you also have coming to obama care where you will have a surtax rate on higher incomes and capital agains all over again and dividends and when you get through with all of that, the dividend tax and the income tax be about 44%, 45%. and i don't think the divi
election was with apologies to you, art, a big loser was supply side economics because that's what mitt romney ran on and it was soundly rejected and the tax structure was beneficial to the economy and the budget. >> let me ask you one question, do you think the president would go along without raising the tax rates on the four categories that larry mentioned? do you think he would agree to something that would not raise those rates? >> i think he's going to start where he should...